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Why Discover Financial Services Stock Got Thrashed on Tuesday

The Motley Fool

That was the dynamic behind the more than 9% fall in Discover Financial Services ' (NYSE: DFS) share price on Tuesday, as its CEO stepped down from his position. He will stay on at the financial services company as an advisor until the end of the year. and Discover Financial Services wasn't one of them!

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Money, money, money: 6 PE-backed financial services deals

PE Hub

Warburg Pincus, Centerbridge, KKR and Charlesbank are among the PE heavyweights betting on financial services. The post Money, money, money: 6 PE-backed financial services deals appeared first on PE Hub.

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GTCR invests in financial services firm R&T Deposit Solutions

PE Hub

The post GTCR invests in financial services firm R&T Deposit Solutions appeared first on PE Hub. As a result of the investment, GTCR owns 50 percent of R&T with the remaining 50 percent retained by existing shareholders, which include Estancia Capital Partners and R&T's founding team and employees.

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Genstar-backed Cetera to take financial services firm Avantax private

PE Hub

The post Genstar-backed Cetera to take financial services firm Avantax private appeared first on PE Hub. The transaction puts Avantax at a valuation of $1.2

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BlackFin Capital Partners closes €1.8bn asset light financial service buyout fund

Private Equity Wire

BlackFin Capital Partners, a leading European financial services sector investment specialist, has held the final close of BlackFin Financial Services Fund IV with €1.8bn, taking the firm’s total assets under management to $4bn.

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Portsmouth Financial Services enters into asset purchase agreement with Arete Wealth

AltAssets

Portsmouth Financial Services has entered into an asset purchase agreement to bring approximately 40 advisors and over $800M of AUM to Arete Wealth Management, subject to FINRA review.

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Goodwell chooses financial services firm for debut deal in Uganda

Africa Capital Digest

The post Goodwell chooses financial services firm for debut deal in Uganda first appeared on Africa Capital Digest. To read this article, you must be a paid subscription member. Current members login here) [.]